EUR/USD Tests Two-Month Low: What’s Driving the Decline?

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EUR/USD fell to 1.1378 on Thursday, with the US dollar holding near a two-month high. The dollar has been supported by strong macroeconomic data, which have heightened inflation concerns and expectations of further Federal Reserve tightening. According to S&P Global, US private sector business activity expanded at its fastest pace in more than five years […]The post EUR/USD Tests Two-Month Low: What’s Driving the Decline? appeared first on ActionForex.